All the headlines from our Pricing Trends Topic Page, ordered by recency.
Mar 7 2011 // North Carolina Insurance Commissioner Wayne Goodwin has called for a June 21 public hearing on a proposed 20.9 percent rate increase in dwelling fire and extended coverage rates after the Department of Insurance ruled that...
Mar 2 2011 // Global food prices are likely to keep rising as production struggles to match demand and extreme weather events become more frequent, a climate-change advisor to the Australian government said on Wednesday.Ross Garnaut...
Feb 25 2011 // Rates for architects and engineers professional liability insurance, which have been stable, are expected to go up this year, a new study reports.A number of leading insurance companies offering this coverage expect to...
Feb 24 2011 // The median six-month auto insurance rate in California has decreased approximately 3.1 percent over the past 12 months to reach $809 according to InsWeb. Over the same 12-month period, the national median auto insurance...
Feb 22 2011 // North Carolina Insurance Commissioner Wayne Goodwin has called for a June 21 public hearing on a proposed 20.9 percent rate increase in dwelling fire and extended coverage rates after the Department of Insurance ruled that...
Feb 18 2011 // Citing sinkhole losses and higher operating expenses, State Farm Florida asked state regulators this week for a 28 percent premium increase on its homeowners policies.Sinkhole claims, which are approaching $2 billion over...
Feb 15 2011 // United Fire & Casualty Co., headquartered in Cedar Rapids, Iowa, reported an increase in net income for the fourth quarter and full year 2010, but net premiums earned decreased by 1.9 percent for the year and by 0.7...
Feb 11 2011 // Massachusetts Attorney General Martha Coakley is urging state insurance regulators to reject Progressive’s request for a 23.5 percent rate hike for commercial auto coverage.Coakley’s office says...
Feb 7 2011 // Average renewal premiums for commercial lines property/ casualty insurance were largely unchanged during the fourth quarter of 2010 and that may remain the case for awhile.According to the RIMS Benchmark Survey, directors...
Feb 3 2011 // After completing a review of health insurer Wellmark’s November 2010 rate increase request, Iowa Insurance Commissioner Susan E. Voss has determined the company will not be allowed to raise individual health...
Feb 1 2011 // State Farm of Florida is requesting a statewide average 27.7 percent homeowners insurance rate increase citing the rising costs of sinkhole claims. The request comes as Florida lawmakers are trying to broker a deal over...
Jan 31 2011 // Washington’s Department of Labor & Industries (L&I) has approved an increase to the state’s workers’ compensation premium rates by an average 12 percent or 6.5 cents per hour for 2011.The new...
Jan 31 2011 // Another report indicates that soft commercial insurance market conditions that persisted throughout the U.S. in 2010 will continue into 2011.Key commercial insurance market drivers from 2009—including intense competition...
Jan 28 2011 // Oklahoma State Sen. Earl Garrison wants insurance companies to be accountable to citizens and justify any rate increases.He has introduced Senate Bill 354, which would ensure that premium rate information relating to the...
Jan 25 2011 // State Farm Mutual Automobile Insurance Co., the largest insurer of autos in Tennessee, is increasing its overall rate level in the state an average of 0.4 percent effective Feb. 21. After this rate change is implemented,...
Jan 24 2011 // Average renewal premiums for commercial lines property/ casualty insurance were largely unchanged during the fourth quarter of 2010 and that may remain the case for awhile.According to the RIMS Benchmark Survey, directors...
Jan 24 2011 // North Carolina insurers are looking to raise rates from 7 percent to 25 percent, or an average 20.9 percent statewide, for 2011 on dwelling fire and extended coverage policies. If approved the higher rates would affect...
Jan 19 2011 // There were 48 fatal workplace accidents in North Carolina in 2010, a tally that is up from 34 in the previous year but below the five-year average of 53.2.At the same time, the state’s overall injury and illness rate...
Jan 10 2011 // Florida regulators have approved $718 million in rate increases that will affect 4 million policyholders — even though there have been no hurricanes for five years.The insurance industry says the increases are needed...
Jan 7 2011 // California Insurance Commissioner Dave Jones has called on Blue Shield of California to delay its implementation of a new round of substantial individual health insurance premium increases that would impact tens of...